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Mayhill Rd Stanton, TN 38069

Sponsored
For Sale
$6,480,000

Prime TN Warehouse, Multifamily Potential

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 6.48M industrial warehouse property in Stanton, Tennessee, presents a unique investment opportunity. Located just 1.25 miles from the burgeoning Blue Oval City, this strategically positioned site offers unparalleled access via local roads. The property has been annexed into the Town of Stanton, with an ALTA survey already completed, simplifying the development process. Currently zoned R2, it allows for multifamily development, capitalizing on the area's growing demand for housing. Utility infrastructure is readily available, with sewer service secured (480 taps via a Will Serve Letter), and water, gas, and electric utilities adjacent to the site. Recent infrastructure improvements include a full-depth reclamation rebuild of SR 179 (completed August 2024), enhancing accessibility. The site's relatively level terrain, with a slight eastern slope ideal for detention, further streamlines development. Future plans include significant roadway improvements on Blue Oval City's west side, including a new I-40 Exit 39 interchange, promising increased connectivity and value appreciation. The potential development of a nearby YMCA with daycare services adds to the property's long-term appeal and desirability. This property offers a compelling blend of immediate industrial use and significant future multifamily development potential, making it an attractive investment in a rapidly growing area. The property is located on Mayhill Rd, Stanton, Haywood County, TN 38069.

Property Features for 0 Mayhill Rd

General Information

Property type
Distribution properties

HighLights

  • 6.48M SF industrial warehouse site, 1.25 miles from Blue Oval City with direct access via local roads.
  • Annexed into Town of Stanton; ALTA survey complete.
  • R2 zoning allows multifamily development.
  • Sewer service secured (480 taps via Will Serve Letter); water, gas, and electric utilities adjacent.
  • SR 179 full‑depth reclamation completed August 2024.
  • Level site with eastern slope suitable for detention.
Property Profile Location Intelligence

Current Use by Public Records

Distribution centers

Map

City
Stanton
County
Haywood
State
Tennessee
Longitude
-89.3894944
Latitude
35.4592586

FAQs

What type of property is this?
Distribution property - Prime TN Warehouse, Multifamily Potential
Where is this distribution property located?
The property is located at Mayhill Rd Stanton, TN.
What is the asking price?
The asking price for this property is $6,480,000.
What are key features of this property?
This property features: 6.48M SF industrial warehouse site, 1.25 miles from Blue Oval City with direct access via local roads.; Annexed into Town of Stanton; ALTA survey complete.; R2 zoning allows multifamily development.
More about this property
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